Member Info for ToxicBull

Domus

How do you know? Also in the past wells have also been sidetracked but done within a month of spudding. You implyin taking another 2 weeks.

Maybe this time they actually gone deeper 10000ft plus.

On discord they saying delay of cas 4 hence the falling of sp on low volume.

I think its double bottom now..

Nice2michu

In 2024 the EV/Ebitda for JSE is around 2.8X for 2025 this has come down to 1.2X. Now the market needs to take this into acc.

THATS AT LEAST DOUBLING MKT CAP..

On all metrics massively undervalued compared to peers.

Look at page 10 of the presentation and look how cheap they are compared to peers.!!

Enterprise Value/ Ebitda is only 1.2X for 2025.

Unbelievable isnt it. 2p reserves at £1 a share.

4x the current sp.

Solid update today.

Generate upto 360m fcf for next 3 years. Large 2p reserves, produce 80/20 (oil/gas) mix

Rns tomorrow would be nice, day 37 since spud.

Charlie

2024 is gone, its a new slate and its all about 2025.

Jse are trading 1.4x ebitda of 2025 and currently trading 2.8x ebitda of 2024.

Gonna rally tomorrow. Ii's piling in.

Vietnam in 2026 the FID.

Pre-tax profit of £66m in 2025. Mkt cap 160m.

What a bargain..

What spooked it today?

They should have sold for 125p.

Looks like those large trades have been sorted, one more trading day before trading update.

Why is company buying back shares when they have t/o of 125p. Why?

Few days now these large trades, i can finally see a meaningful rerate.

Wrong stock sorry..

Few days now these large trades, i can finally see a meaningful rerate.

Scott

Drilling in march..

With regards to Akatara which took 2 years to complete and cost $130m. Mkt has not valued this at all in jse. They can recover the whole $130m from production by taking monthly 90% of revenue. Akatara will be throwing out cash.

Its possible jse can have mkt cap over 400m by year end.